Knight Loses Death Row
Hip-hop mogul MARION 'SUGE' KNIGHT has lost control of Death Row Records after filing for bankruptcy earlier this year (06). US bankruptcy judge ELLEN CARROLL ordered trustees to take over the label, claiming the company has suffered gross mismanagement. She told a Los Angeles hearing on Friday (07JUL06), "It seems apparent there is no-one at the helm." Knight, who was not present at the hearing, filed for bankruptcy after he was ordered to pay more than $100 million (GBP57 million) to former associate LYDIA HARRIS, who claims she helped him set up Death Row.